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Think Tank
Transportation & Distribution: Page 450
North American Freight Volumes Declined 1.1 Percent in August
North American freight volumes continued to drop off, and on a year-over-year basis, shipment volumes were down 1.1 percent from last August. This is the third time this year freight shipments have fallen below the level for the same month in 2011. Freight volumes grew 9.9 percent during the first half of the year, but after two months of consecutive contraction, the annual growth has fallen to 8.0 percent.
Transplace Integrates Truckload Benchmarking Data With LLamaSoft App
Transplace, the North American-based third-party logistics provider, is integrating its truckload benchmarking data into the Supply Chain Guru software of LLamasoft.
Container Lease Fleet Robust in 2011 and Should Remain So This Year
Drewry Maritime Research's latest Container Leasing Industry report indicates that the rental container fleet grew by 10.6 percent during 2011, improving on the 9 percent returned in 2010 and giving a compounded rate of 9.5 percent for the two years combined. Up to 9.5 percent is also being forecasted for 2012, as lease demand is again holding up well.
CSX, UP Execs Join Chorus of Railroad Chiefs Who Are Pessimistic About Holiday Shipments
Executives of some top U.S. railroads provided a dim outlook for peak autumn shipping season - the time when retailers traditionally stock up in advance of the holidays - saying that the economy clearly has slowed.
The Shifting Dynamic Between Logistics Providers and Their Customers
In-house logistics professionals want a lot more information and attention from their prospective logistics service providers these days, says Bill Weaver, senior account executive with United Transportation Services Inc.
FedEx, Aeromexico and Etihad Top This Week's Air Cargo News
FedEx is changing its aircraft on the route between Memphis and Queretaro, Mexico to a Boeing 757-200 and will operate five times weekly, increasing its capacity in the market by 50 percent. Jorge Torres, recently named president of FedEx in Mexico, stated: "The decision to increase our cargo capacity is in response to our strategy to become a real business partner with the business in the region, offering competitive services at very reasonable prices ... The decision to increase our cargo capacity responds to our strategy of listening to our clients and their solicitation in a quick way."
Inchcape Shipping Services Opens Office in Alaska
Inchcape Shipping Services (ISS), a global provider of maritime services, has opened a new office in Dutch Harbor, AK.
Production of Freighters to Double by 2031, Airbus Forecasts
In the most recent Global Market Forecast from Airbus, the European aircraft manufacturer projected that the global aviation sector will generate a demand for 3,000 freighters by 2031. This figure, which represents a near doubling of the global freighter fleet, will be propelled by increased urbanization and economic growth in emerging regions, according to Airbus.
Railroads Don't See Much of a Boom in Pre-Holiday Shipping
North American railroads from Burlington Northern Santa Fe to CSX Corp. (CSX) are bracing for limited increases in pre-holiday shipments as weak consumer sentiment exacerbates shrinking corn and coal loads.
Flatbed Collaboration Drives Innovation and Value
Challenge: This customer had decentralized its transportation sourcing, with each facility operating independently. Three of its largest business units relied on the highly fragmented flatbed marketplace to service customers. It was extremely difficult to maintain reliable capacity and predictable transportation costs, let alone identify logistics efficiencies and implement best practices.
Despite Drop in Piracy, Task Force Says Shipping Industry Cannot Let Its Guard Down
Operation Atalanta, NATO and Combined Task Force 151 have called upon the shipping industry to continue to take anti-piracy measures despite the current downward trend in piracy events.
Despite Some Bright Spots, Airfreight Industry Year Over Year Was Down Overall in July
Despite Middle Eastern carriers recording a 16-percent, year-over-year, increase in freight demand in July, global cargo markets shrunk 3.2 percent, year-over-year, according to International Air Transport Association statistics. IATA partially attributed this decline to a comparison with a "relatively strong" July 2011, but said global trade growth is still sluggish.
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